FBI Busts Diamond Theft Ring

The FBI has filed a criminal compliant against seven individuals
allegedly involved in what it terms a nationwide grab-and-run theft ring that
targeted jewelers.

Michael Young, Ernest Remor, Trey Adams, and several others have
been accused of conspiracy to transport stolen property, according to a complaint
filed in U.S. District Court for the District of Oregon July 19.

The gang allegedly stole more than $1 million in diamonds
from stores mostly on the West Coast, including jewelers in Portland, Ore.; San
Mateo, Calif.; Palo Alto, Calif.; Nashville, Tenn.; Tampa, Fla.; and Las Vegas.

According to the complaint, the group generally approached
the jeweler prior to the theft. A male member of the group, accompanied by a female,
shopped the store and gave the appearance of a couple looking for an engagement
ring. The male shopper sometimes left a phone number attached to a prepaid cellphone.
In other instances, the shopper corresponded
with the jewelry store via emails.

Afterward, the person again shopped at the store and
fled once he had the targeted items in hand. He was met by a driver of a getaway

The complaint says the stolen diamonds were then sold to a
jeweler in Philadelphia, who was not identified in the complaint.

In September 2010,
JCK gave tips to avoid grab and runs.

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